XE Market Analysis: Europe – Jul 24, 2019

The Dollar has consolidated recent gains for the most part, having been buoyed in recent sessions by a relatively more measured view in markets of Fed easing potential, along with the deal to end the U.S. budget impasse and amid the evident easing bias of other major central banks. In the mix has been news that U.S. Trade Representative Lighthizer will travel to Shanghai next week for meetings with Chinese officials. Amid this backdrop global stock markets have been rallying, with the MSCI Asia-Pacific (ex-Japan) index shares rallying by around 0.5%.

Source: XE news feed
XE Market Analysis: Europe – Jul 24, 2019